Indiabulls Ventures consolidated net profit rises 2181.01% in the March 2017 quarter

Sales rise 26.56% to Rs 117.69 crore

Net profit of Indiabulls Ventures rose 2181.01% to Rs 54.06 crore in the quarter ended March 2017 as against Rs 2.37 crore during the previous quarter ended March 2016. Sales rose 26.56% to Rs 117.69 crore in the quarter ended March 2017 as against Rs 92.99 crore during the previous quarter ended March 2016.

For the full year,net profit rose 38.48% to Rs 102.25 crore in the year ended March 2017 as against Rs 73.84 crore during the previous year ended March 2016. Sales rose 8.73% to Rs 409.34 crore in the year ended March 2017 as against Rs 376.48 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales117.6992.99 27 409.34376.48 9 OPM %34.1654.76 -50.9657.10 - PBDT95.512.87 3228 169.7699.65 70 PBT90.17-2.83 LP 145.9376.75 90 NP54.062.37 2181 102.2573.84 38

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